I think shorts are now trapped. For the last 30 days they managed to reduce their short position by 93k shares or 3.2%. At the same period the share price appreciated by 8.4%, from $14.25 to $15.45. I know that this correlation does not mean it is a causation we can prolong into the future, but an increased possibility. We were waiting for this trap, which was seemingly the only possibility to get rid of shorts, for a very long time and possibly it has finally arrived, thanks to the share buyback, more publicity and upcoming catalysts. Now the shorting could become a blessing.
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CUV
clinuvel pharmaceuticals limited
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$11.84

Shorts are trapped
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Last
$11.84 |
Change
0.600(5.34%) |
Mkt cap ! $593.4M |
Open | High | Low | Value | Volume |
$11.24 | $12.13 | $11.23 | $3.118M | 263.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3971 | $11.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.95 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3971 | 11.800 |
2 | 1090 | 11.780 |
4 | 6848 | 11.750 |
1 | 854 | 11.710 |
1 | 619 | 11.700 |
Price($) | Vol. | No. |
---|---|---|
11.950 | 2000 | 1 |
12.000 | 10300 | 2 |
12.080 | 5000 | 1 |
12.120 | 200 | 1 |
12.130 | 600 | 1 |
Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
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CUV (ASX) Chart |